Cerritos, California, September 23, 2025
News Summary
Cerritos city officials are enhancing economic development by revitalizing the Economic Development Commission and celebrating new business openings. Recent milestones include the grand reopening of Golden Star Technology, Inc. for its 40th anniversary and the ribbon-cutting ceremony for the new headquarters of ASCIP. Additionally, new dining options like Chubby Cattle and Tokyo Central/Marukai are set to enrich the local culinary scene, reflecting the city’s commitment to fostering a strong business environment.
Cerritos, California – City officials in Cerritos are prioritizing economic growth by revitalizing the Economic Development Commission and celebrating new business openings. The commission serves as an advisory body to the City Council, having been formally reestablished by ordinance in June 2024 and reconvened earlier this month.
During a recent Mayor’s Report, Cerritos Mayor Frank Aurelio Yokoyama emphasized the significance of the commission’s revival in supporting local businesses and services. The city has marked economic milestones by both honoring established companies and welcoming new enterprises to the area.
Longtime Cerritos company, Golden Star Technology, Inc. (GST), celebrated its 40th anniversary with a grand re-opening on August 27, 2024. The company, which has been operating out of Cerritos since 1992, showcased new warehouse space and employee amenities during its re-opening event. The following day, August 28, 2024, city officials held a ribbon cutting for the new headquarters of the Alliance of Schools for Cooperative Insurance Programs (ASCIP). ASCIP is a nonprofit organization that provides insurance and risk management services to schools throughout California.
In addition to these significant milestones, Cerritos is also expanding its dining options. A new Wagyu barbecue restaurant, Chubby Cattle, recently opened at 11203 183rd St. in Plaza 183. Additionally, Tokyo Central/Marukai is set to open at the former Pacific Sales site in Cerritos Towne Center, as previewed during the mayor’s State of the City address in June.
Cerritos is located in southeastern Los Angeles County and has a population of approximately 50,000 residents. The city, incorporated in 1956 as Dairy Valley and renamed in 1967, is known for its strong business climate, award-winning schools, cultural institutions, and parks. Major community and commercial landmarks include the Cerritos Center for the Performing Arts and Cerritos Towne Center. The city also features an all-Asian American City Council, reflecting its demographic makeup.
The current administration is focused on creating an environment where both established businesses and new ventures can thrive. The strategic goal of strengthening economic development is a core part of the city’s ongoing initiatives.
Highlights of Economic Development in Cerritos
- Revival of Economic Development Commission: An advisory body to the City Council, reestablished in June 2024.
- Golden Star Technology, Inc.:** Celebrating 40 years with a grand re-opening on August 27, 2024, showcasing new facilities.
- Alliance of Schools for Cooperative Insurance Programs (ASCIP): New headquarters ribbon cutting held on August 28, 2024.
- New dining options: Chubby Cattle and Tokyo Central/Marukai are among the new openings enhancing local cuisine.
Background on Cerritos
Established as Dairy Valley in 1956 and renamed Cerritos in 1967, the city is recognized for its superior business climate and cultural offerings. The Cerritos Center for the Performing Arts and Cerritos Towne Center are pivotal in community engagement and business development. The city’s current leadership brings a focus on economic expansion, aligning with its demographics and community needs.
Key Features of Economic Development in Cerritos
| Feature | Details |
|---|---|
| Economic Development Commission | Advisory body to the City Council, reestablished in June 2024 |
| Golden Star Technology, Inc. | Celebrated 40th anniversary with grand re-opening on August 27, 2024 |
| Alliance of Schools for Cooperative Insurance Programs | New headquarters ribbon cutting on August 28, 2024 |
| New Dining Options | Chubby Cattle (Wagyu BBQ) and Tokyo Central/Marukai (opening soon) |
Deeper Dive: News & Info About This Topic
- Asian Journal: Cerritos Commits to Economic Growth
- Public CEO: Strategic Planning for Cerritos
- Asian Journal: Cerritos 2025 Election Results
- Long Beach Business Journal: Cerritos Appoints Economic Development Director
- Press Telegram: Cerritos Files Lawsuit on Development
- Wikipedia: Cerritos, California
- Google Search: Cerritos California
- Encyclopedia Britannica: Cerritos
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